Tesla's Self-Driving Beta Fleet Is Generating An Immense Amount Of Data

[TMC Staff]

Tesla is certainly taking a unique approach to self-driving tech, and it appears to be highly data-driven. Tesla has been under the microscope and heavily scrutinized for years over its Autopilot advanced driver-assist system. This is due in part to the fact that Tesla is doing things very differently than other companies. It’s not using LIDAR and it...
[WPURI="https://teslamotorsclub.com/blog/2020/10/26/tesla-full-self-driving-beta-generating-reams-data/"]READ FULL ARTICLE[/WPURI]

 

[Mikedrives]

Would love to see how Telsa rates my driving. And more so, my wife's. When I would jump in her Prius, the average MPG would start climbing immediately, even when she had 1,000 miles since last clearing data. Leadfoot.

 

[jboy210]

Being data collection driven is very AI/ML orientated. It is not unusual for 60-70% of the time in creating an ML model being spent is getting, cleaning, and modifying the data. And high-quality data can be sold for many millions. I wonder if selling functional AutoPilot components and systems to other companies is part of Tesla's future revenue stream.

 

[SION1771]

That, and their charging network - I'm really surprised another manufacturer hasn't skipped trying to do their own network and piggybacked on Tesla's. Seems like this car making thing could be just to get the other revenue streams off the ground. Like Google and any one of their apps - it's really just a Trojan horse for ad revenue.

Being data collection driven is very AI/ML orientated. It is not unusual for 60-70% of the time in creating an ML model being spent is getting, cleaning, and modifying the data. And high-quality data can be sold for many millions. I wonder if selling functional AutoPilot components and systems to other companies is part of Tesla's future revenue stream.

 

[bdub85]

Being data collection driven is very AI/ML orientated. It is not unusual for 60-70% of the time in creating an ML model being spent is getting, cleaning, and modifying the data. And high-quality data can be sold for many millions. I wonder if selling functional AutoPilot components and systems to other companies is part of Tesla's future revenue stream.

This aspect flies under the radar. There's a lot of money in selling data. Tesla is going to make a F ton of money just on FSD tech/data if/when they crack it.

 

[jboy210]

That, and their charging network - I'm really surprised another manufacturer hasn't skipped trying to do their own network and piggybacked on Tesla's. Seems like this car making thing could be just to get the other revenue streams off the ground. Like Google and any one of their apps - it's really just a Trojan horse for ad revenue.

Small correction. Data is at the heart of Google's Ad revenue. Without the data about us, they cannot build models and services that target customers' tastes in real-time, and then sell high-return ad placements to companies.